fbpx

Trade War Could be ‘Silver Lining’ for Myanmar

Myanmar has to move to tap into opportunities created by trade tensions between the world’s two largest economies, said a senior Singaporean academic. The US-China trade war has provided “silver linings” for many countries, such as Vietnam. in the Southeast Asia region, said Simon Tay, Chairman of Singapore Institute of International Affairs (SIIA), in the […]

The Rise and Fall of an Australian Media Mogul in Southeast Asia

ROSS DUNKLEY was thinking of quitting journalism when he met Rupert Murdoch, a fellow Australian, on a friend’s yacht off the coast of Rhode Island during the America’s Cup boat race in 1983. He had grown tired of working for other people in a newsroom; he wanted to return to his family roots and become […]

Offshore OFS Could Get Major Boost in SE Asia

Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, according to Norwegian energy research firm Rystad Energy. That’s thanks to megaprojects in Malaysia, Myanmar and Vietnam with new final investment decisions (FIDs) expected in 2021 for Vietnam, Indonesia and Brunei. “We anticipate that […]

DHL Scales up Operations in Myanmar with new Warehouse

DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar, last week. The company has invested approximately K1.58 billion (€1 million) in the facility located in Dagon Seikkan Industrial Zone in Yangon, and is targeting to add more than 200 full-time employees […]

Decommissioning Challenges Escalating in South East Asia

For many decades now, South East Asia has been an important oil and gas producer, accounting for five percent of current global oil production. But now, age has caught up with oil and gas infrastructure in Myanmar, Thailand, Vietnam, Brunei, Malaysia and Indonesia. In February 2018 the Jakarta Post estimated that over the next decade, […]

Local Company Wins Gold Medal for Locally Produced Honey

Local company Smile Happy Co Ltd received recognition from the International Federation of Beekeepers’ Associations at the World Beekeeping Awards held during the 46th Apimondia Congress that took place in Montreal, Canada, in September. The company won a gold medal for its light-coloured honey during the event. “The company won the medal in Montreal for […]

Thilawa SEZ set to benefit from east west economic corridor

The Thilawa Special Economic Zone near Yangon is set to become a vital link in the East West Economic Corridor linking Myanmar, Thailand, Laos, Cambodia and Vietnam says an official from the Japan International Cooperation Agency (JICA). The East West Economic Corridor development project aims to link transportation and logistics networks to promote investment and […]

Military-Backed Mytel Announces Successful Test of 5G Service

YANGON—Mytel, the telecom venture between the Myanmar and Vietnamese militaries, and the fourth telecom operator to be established in the country, has tested Myanmar’s first 5G service using technology developed by China’s Huawei. According to Mytel, Huawei’s 5G NR technology will provide significantly increased capacity, lower latency (or delays in sending data) and faster download […]

All sewn up? Vietnam garment makers face hitches in lucrative EU trade deal

HO CHI MINH CITY—For Tran Nhu Tung, Vietnam’s newly signed free trade deal with the European Union presents both huge opportunity, and a logistical headache. The vice chairman of Thanh Cong Textile Garment Investment Trading (TCM) in Ho Chi Minh City is planning a rapid expansion in anticipation of the influx of orders the tariff-slashing […]

Nissin Electric shifting production to Myanmar from Thailand, Vietnam

Metal parts and equipment maker Nissin Electric Co of Japan will build a plant in Myanmar, relocating some production processes from its factories in Thailand and Vietnam to cut labour costs in its contract manufacturing business. The company said early this week it will form a joint venture with Hosoda Holdings Co, a Japanese trader […]